Somar Meteorologia reported today that Brazil's biggest arabica coffee growing area of Minas Gerais received 102.8 mm of rain last week, or 182% of the historical average. An increase in current ...
The cost of coffee has hovered near record highs on the futures market after droughts in top-producing Brazil and Vietnam. Supermarket brands like Nescafé and Folgers have raised their prices.
(Bloomberg) -- Coffee hit a record high in New York on ... Fears have now grown about future supplies in top grower Brazil after a lengthy dry spell earlier this year. That’s in addition to ...